Chinas Dongfang Electric has entered into a USD 2.5 billion deal with Nagpur-based mining, steel and power company Abhijeet. Dongfang has signed a supply contract with the Abhijeet Group, which is setting up power units in Jharkhand.

Private Indian power equipment makers are taking the fight to their lower-priced Chinese rivals. They are raising red flags over patent issues in the equipment made by the Chinese companies. CNBC-TV18s Katya Naidu and Avni Raja report.

Challenged on its turf by the Chinese manufacturers of power equipment, Bharat Heavy Electricals Ltd appeared to be on the backfoot. In the last three years, orders for boilers and turbines have been placed for a capacity of 72,000 MW and over a fifth of them has gone to the Chinese.

The Chennai-based BGR Energy Systems Ltd on Tuesday announced it had won an engineering, procurement, construction contract from Tamil Nadu Electricity Board (TNEB). The job, worth Rs 3,100 crore, is for building a single unit of 600 MW, coal-based power project at Mettur, Tamil Nadu.

The Lanco group has terminated the Engineering Procurement and Construction (EPC) contract with the public-sector Bharat Heavy Electrical Ltd (BHEL) for the 1,015-MW coal-based Nagarjuna Power Project coming up in Mangalore, reports Business Line.

Chinas Dongfang Electric has entered into a USD 2.5 billion deal with Nagpur-based mining, steel and power company Abhijeet. Dongfang has signed a supply contract with the Abhijeet Group, which is setting up power units in Jharkhand.

Private Indian power equipment makers are taking the fight to their lower-priced Chinese rivals. They are raising red flags over patent issues in the equipment made by the Chinese companies. CNBC-TV18s Katya Naidu and Avni Raja report.

Challenged on its turf by the Chinese manufacturers of power equipment, Bharat Heavy Electricals Ltd appeared to be on the backfoot. In the last three years, orders for boilers and turbines have been placed for a capacity of 72,000 MW and over a fifth of them has gone to the Chinese.

The Chennai-based BGR Energy Systems Ltd on Tuesday announced it had won an engineering, procurement, construction contract from Tamil Nadu Electricity Board (TNEB). The job, worth Rs 3,100 crore, is for building a single unit of 600 MW, coal-based power project at Mettur, Tamil Nadu.

The Lanco group has terminated the Engineering Procurement and Construction (EPC) contract with the public-sector Bharat Heavy Electrical Ltd (BHEL) for the 1,015-MW coal-based Nagarjuna Power Project coming up in Mangalore, reports Business Line.

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Source:The Hindu BusinessLine - Recently, in the case of Dongfang Electric Corporation, the Kolkata bench of the Income-tax Appellate Tribunal held that the mere fact that a taxpayer incurred loss on onshore activities cannot be reason enough to indicate that the value of onshore activities

Get updated! Dongfang Electric Machinery have set up two power projects for West Bengal State Electricity Board: Sagardighi (600MW) and Durgapur (300MW), on an EPC basis says Motilal Oswal report http://t.in.com/0hLJ

Are you aware! Dongfang Electric Machinery Company is considering the possibility of setting up a power equipment (Boiler and Turbine Generator) manufacturing plant in India says Motilal Oswal report http://t.in.com/0hLJ

Are you aware! India continues to be an important market for Dongfang Electric Machinery Company (DFEM), which is involved in over 20GW of power projects in India says Motilal Oswal report http://t.in.com/0hLJ

Get updated! Dongfang Electric Machinery have set up two power projects for West Bengal State Electricity Board: Sagardighi (600MW) and Durgapur (300MW), on an EPC basis says Motilal Oswal report http://t.in.com/0hLJ